Hi, I need help to do our Canadian and HK taxes, so that we pay just the bare necessary amount, and no morel. I'ts bad enough we have to pay both!!!!
Hi, I need help to do our Canadian and HK taxes, so that we pay just the bare necessary amount, and no morel. I'ts bad enough we have to pay both!!!!
Are you still a resident of Canada for tax purposes??
Yes, unfortunately. Otherwise it would be easy, I wouldn't do Canadian taxes!
thanks
I've never seen a HK tax return but I've heard it's not that difficult to fill out. As far a the Canadian return goes, it totally depends on how complex your financial activities are. If it's just employment income and some interest, it's really easy to fill out. You just need to remember to claim the taxes you pay to the HK gov't as a credit towards your Cdn taxes, so you're not "double taxed".
For anyone who's Canadian! You DO NOT get real credit for the HK taxes you pay if you also have to pay Canadian taxes. You get some credit, but it's less than half!!!!! Justice?